Sales and Leases (2-3 credits)

A study of the rights and responsibilities of sellers, buyers, lessors and lessees of personal property, including transactions in documents of title and letters of credit. The emphasis will rest on Articles 2 and 2A of the Uniform Commercial Code and the United Nations Convention on the International Sale of Goods, with some additional attention paid to Articles 5, 6 and 7 of the Code and the corresponding international law on documents of title and letter of credit. Prerequisites: None